Haier plants its flag in South Africa

Haier plants its flag in South Africa

China’s Haier Group, which claims it is the world’s leading appliance and electronics brand by sales volumes, has officially launched in South Africa. Speaking at a launch event in Johannesburg on Monday, Song Yujun, president of Haier’s smart home division for international markets (outside China), said the company will focus on matching the quality and…

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U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says

U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says

Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump said. He added that…

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